Baker Hughes, a GE company – BHGE – has posted its Weekly Rig Count reports.
US Rig Count is down 4 rigs from last week to 1,071, with oil rigs down 4 to 873 and gas rigs unchanged at 198.
US Rig Count is up 141 rigs from last year’s count of 930, with oil rigs up 126 and gas rigs up 15.
The US Offshore Rig Count is unchanged at 23 rigs and up 4 rigs year-over-year.
Canada Rig Count is down 12 rigs from last week to 174, with oil rigs down 7 to 95 and gas rigs down 5 to 79.
Canada Rig Count is down 64 rigs from last year’s count of 238, with oil rigs down 39 and gas rigs down 25.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.